Value Added Deflator (Manufacturing) — Value Standard Local Currency in Ethiopia
Ethiopia: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 39.9 % change on previous year in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Ethiopia, 1991–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in Ethiopia stood at 39.9 % change on previous year. That is the highest value across all 33 years on record.
That represents a change of up 62.2% on the previous year and up 440.0% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Ethiopia peaked at 39.9 % change on previous year in 2023 and was at its lowest, -6.19 % change on previous year, in 1998.
That places Ethiopia 12th out of 209 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Ethiopia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 22.08 % change on previous year | — |
| 1992 | 27.48 % change on previous year | +24.5% |
| 1993 | 25.8 % change on previous year | -6.1% |
| 1994 | 3.01 % change on previous year | -88.3% |
| 1995 | 25.6 % change on previous year | +749.0% |
| 1996 | 15.7 % change on previous year | -38.7% |
| 1997 | 4.14 % change on previous year | -73.7% |
| 1998 | -6.19 % change on previous year | -249.6% |
| 1999 | 8.6 % change on previous year | -238.9% |
| 2000 | 5.94 % change on previous year | -30.9% |
| 2001 | 1.39 % change on previous year | -76.6% |
| 2002 | -4 % change on previous year | -387.4% |
| 2003 | 9.4 % change on previous year | -335.0% |
| 2004 | 2.26 % change on previous year | -76.0% |
| 2005 | -1.53 % change on previous year | -167.8% |
| 2006 | 6.86 % change on previous year | -548.5% |
| 2007 | 19.02 % change on previous year | +177.3% |
| 2008 | 17.53 % change on previous year | -7.8% |
| 2009 | 17.06 % change on previous year | -2.7% |
| 2010 | 4.84 % change on previous year | -71.6% |
| 2011 | 8.85 % change on previous year | +82.7% |
| 2012 | 20.52 % change on previous year | +131.8% |
| 2013 | 7.39 % change on previous year | -64.0% |
| 2014 | 13.1 % change on previous year | +77.4% |
| 2015 | 14.21 % change on previous year | +8.5% |
| 2016 | 31.86 % change on previous year | +124.2% |
| 2017 | 1.92 % change on previous year | -94.0% |
| 2018 | 5.86 % change on previous year | +205.0% |
| 2019 | 9.01 % change on previous year | +53.9% |
| 2020 | 10.59 % change on previous year | +17.4% |
| 2021 | 6.29 % change on previous year | -40.6% |
| 2022 | 24.6 % change on previous year | +291.0% |
| 2023 | 39.9 % change on previous year | +62.2% |
Ethiopia compared with similar countries
- Ethiopia's 39.9 % change on previous year is above the median for low income countries, which is 3.21 % change on previous year, 12.4× the median. (22 countries reporting)
- Ethiopia's 39.9 % change on previous year is above the median for Sub-Saharan Africa, which is 5.41 % change on previous year, 7.4× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +749.0% | 3.01 % change on previous year | 25.6 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.02 % change on previous year | -6.19 % change on previous year | 27.48 % change on previous year | 9 |
| 2000s | 7.39 % change on previous year | -4 % change on previous year | 19.02 % change on previous year | 10 |
| 2010s | 11.76 % change on previous year | 1.92 % change on previous year | 31.86 % change on previous year | 10 |
| 2020s | 20.34 % change on previous year | 6.29 % change on previous year | 39.9 % change on previous year | 4 |
Countries ranked near Ethiopia
- 9 Iran (Islamic Republic of) 48.87 % change on previous year compare
- 10 Sierra Leone 46.59 % change on previous year compare
- 11 Haiti 40.23 % change on previous year compare
- 13 Saint Lucia 38.6 % change on previous year compare
- 14 Samoa 37.43 % change on previous year compare
- 15 Suriname 36.86 % change on previous year compare
More economy & growth data for Ethiopia
- Foreign direct investment, net outflows (BoP, current US$), gaps 0 BoP, current US$ (1989)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (1989)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0 BoP, current US$ per person (1989)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.02 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 23.25 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0269 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 30.45 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 86.59 % change on previous year (2024)
- Total reserves (includes gold, current US$), per unit of GDP 0.0253 includes gold, current US$ per US$ of GDP (2024)
- Total reserves (includes gold, current US$), per capita 28.66 includes gold, current US$ per person (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Ethiopia?
- Value added deflator (manufacturing) — value standard local currency in Ethiopia was 39.9 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Ethiopia?
- The highest recorded value was 39.9 % change on previous year in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Ethiopia?
- The lowest recorded value was -6.19 % change on previous year in 1998.
- How does Ethiopia rank for value added deflator (manufacturing) — value standard local currency?
- Ethiopia ranks 12th out of 209 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Ethiopia?
- Over the last ten years it is up 440.0%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from Statizoid (derived), published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added Deflator (Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.